Ukraine will assist Moldova in the reconstruction of a railway section. The Memorandum of Cooperation was signed on May 31 by Yevhen Liashchenko, Chairman of the Board of JSC Ukrzaliznytsia, Roman Chernytskyi, Member of the Board of JSC Ukrzaliznytsia, and Oleg Tofilat, CEO of the Moldovan Railways. The partnership will see the restoration of the…
The Government has approved a decision to increase the electricity tariff for households to UAH 2.64 per kW. According to the Minister of Energy of Ukraine, German Galushchenko, this decision is extremely difficult, but necessary for large-scale preparation of the power system for the next heating season, which is underway at the country’s energy facilities.…
As of May 26, the Export Credit Agency has already supported merchandise exports worth UAH 1.24 billion. At the same time, the ECA’s insurance liability amounted to UAH 312.07 million. This means that each hryvnia of export support provided through the ECA in 2023 will potentially generate UAH 3.97 in foreign exchange earnings. In total,…
The Verkhovna Rada has voted in favour of draft laws No. 9275 and No. 9276, which abolish VAT and import duties on drone components for the duration of martial law. 284 and 289 MPs supported the bills respectively. The Government continues to promote the production of UAVs in Ukraine. After all, drones technologically strengthen the…
Since the start of the Affordable Loans at 5-7-9% State Programme, business entities have received 62,598 loans from authorised banks totalling UAH 201.45 billion, of which 41,517 from public sector banks totalling UAH 87.63 billion (as of 29.05.2023). Over the past week, 606 concessional loans totalling UAH 2.8 billion were issued under the programme, including…
In the Kyiv region’s Irpin, near the Irpinsky Lypky residential complex, renovation works have started for the detached houses damaged or destroyed by Russian attacks. The relevant statement was made by Kyiv Regional Military Administration Head Ruslan Kravchenko on Facebook. According to Kravchenko, this refers, in particular, to houses at the intersection of Bahirova Street…
On May 25, during the Constituency Meetings of the IMF and the World Bank in Montenegro, Minister of Finance of Ukraine Sergii Marchenko met with Director of the European Department of the International Monetary Fund (IMF) Alfred Kammer, as part of a working visit to Montenegro. The meeting was also attended by Deputy Minister of…